First of all, Brazil is the 12th largest economy on the planet, in terms of GDP (Gross Domestic Product), negotiating more than BRL 7.4 trillion in 2020 according to IBGE.(https://www.ibge.gov.br/explica/pib.php)
Photo: Flag of Brazil
The largest and most important country in Latin America and the fifth largest in the world, in terms of land area, it is also the sixth largest in population, with more than 210 million inhabitants ,in the majority, portuguese speakers. This nation of welcoming, cheerful and willing to help natives, especially foreign, is one of the most multicultural and ethnically diverse nations in the world. The Federative Republic of Brazil has a presidential political regime, formed by the union of 26 states, the Federal District and 5 570 municipalities.
Photo: Estaiada Bridge - Octávio Frias de Oliveira - City of São Paulo, SP, Brazil.
Although the country's capital is Brasília, the city of São Paulo stands out for being the most populous in Brazil, with more than 10 million inhabitants and the most important from a financial and business perspective. Currently, São Paulo occupies a prominent position among the 15 largest economies in the world (City Ranking), negotiating more than USD 388 billion per year according PWC. Due to this reason, we suggest companies to establish a commercial office in the city of São Paulo that will speed up the success of your company in Brazil.
If you want to know more about Brazil and the best city for your segment, contact K | BRAZIL via email: contact@kbrazil.com.
Written by Dorival Kulicheski on 06/14/2021
More than 20 years in the Brazilian market helping companies to do business
https://www.linkedin.com/in/dorival-kulicheski/